On Tuesday evening, Christmas Eve, U.S. stocks opened higher across the board, driving the market up. The long positions we set up early in the morning have also reached our expected target as the market broke through key resistance levels. As midnight approached, the market once again faced pressure at the 99500 level as bullish momentum continued to increase. Currently, the market has stabilized somewhat, and with the Christmas period seeing an uptick, it has also cleared a wave of short positions. The market structure is, as we previously analyzed, in a correction phase on the daily chart. Whether the bullish trend can continue and reclaim the 100,000 mark depends on the movements of the U.S. stock market during the break.

The daily chart has shown a strong bullish candlestick that has reclaimed nearly all of the pullback from the previous three trading days. The deep correction in the bull market has essentially reached a certain conclusion, with opportunities for the market to continue breaking new highs in the future. Overall, the price pullback has not breached the significant 90,000 level. As mentioned before, when the market approaches the 100,000 mark, it is challenging to stabilize, so we should focus on the support at the 90,000 level. During the bull market phases, buying on dips is a necessary strategy. With the recent deep correction, the performance is relatively healthy, and the larger cycle will gradually rise. Looking at the smaller time frame, the four-hour chart shows that after narrow fluctuations and consolidation yesterday, the market broke through the downward trend line and recovered to the upper boundary. The bullish trend is strong, but the accompanying pullback momentum is still insufficient to push the market lower. The current operating range is near the upper boundary, and there remains a possibility for continuation and breakthrough on the daily chart, so the intraday strategy should mainly focus on a bullish outlook.

For Bitcoin, consider buying in the range of 97500-98000, targeting around 100500. For Ethereum, consider buying in the range of 3450-3470, targeting around 3600. #加密市场反弹 #圣诞行情分析 $BTC $XRP